Let’s focus on one of the hottest altcoins in the community right now: How to buy ether. Indeed, it appears like a serious contender to get rid of the bitcoin supremacy. But while it’s relatively easy to buy bitcoins, it’s a little bit harder with ethereum. Generally,because offewer exchanges off ethereum. So, if you are wondering “how do I buy ethereum?”, you’re on the right web page. Because today I’ll let you know how to buy ethereum.
How to buy ethereum?
Many people often call ethereum bitcoin 2.0. But this is inaccurate. It isn’t just a clone of bitcoin, like litecoin. Indeed, it’s a better cryptocurrency that allows doing a lot more, because of its program writing language: Create smart-contracts and apps (decentralized applications) and issue tokens.
The technology of the crypto-currency is called Ethereum, and the Ethereum Coin is called Ether-buy ethPayPal. When you can purchase ether, most people keep on saying buy ethereum. Therefore, I’ll use both words in this article, without distinguishing them (except where given).
Now, to answer your question: You can purchase ethereum in the same way as you’ll buy bitcoin. Acceptable, it’s the short answer… But I’ll describe how to buy ethereum at length below!
What are the requirements to buy ether?
- As usual, when you start a new activity, you should think about it and put together first.
- Normally you’re destined to encounter bad (sometimes very bad) encounters. Do you want an example?
- Imagine you’re searching the Web and you also find the Job Ethereum (I will not share the hyperlink here).
- The website appears professional and you decide to purchase ethereum. But it’s yet another Ponzi scheme, you just lost your investment…
Get an ethereum wallet
To get and get ethereum, you will need an ethereum address. And to get one, you just need to have a crypto budget that can handle ethereum. I analyzed some ethereum wallets already. And I would recommend either Jaxx or Coinbase Budget (just to obtain your first Ethereum-where to buy ether). See more.
Choose your chosen payment method
This is the most important criteria, which determines which exchange you may use and exactly how much fees you have to pay. If you’re just you start with crypto currencies and ethereum, I’d recommend you to use a credit/debit cards. While it may be more expensive, you can ensure you get your ethereum instantly.
How to get ethereum with a credit card?
Most exchanges recognize a payment via MasterCard (or debit credit card). And it’s really the repayment method that supplies the shortest purchase time. Therefore, the price shown is exactly what you pay, and it doesn’t depend on the future ETH price.
The only disadvantage is the fees, that are usually higher than bank copy (but nonetheless reasonable-buy ether).
Learn about ethereum
That seems logical, right? But some people just buy ethereum rather than buying ether… So, they don’t really even know very well what they’re really discussing! Maybe they don’t really even realize there’s a notable difference… So first, you have to know what you’re interacting with.
Also, the purchase of any cryptocurrency is dangerous. Unlike fiat currencies, their value is not recognized by any central standard bank. But it’s totally determined by the law of resource and demand… Because of this, you should only spend the money you can afford to lose learn how to buy ether. Learn more details at: http://www.ethermining.com/secure-your-investment-the-best-wallets-for-storing-ethereum/